SouthCoast Economic Development
New Bedford Economic Development Corporation (NBEDC)
NBEDC is a "one stop" approach to economic development working with businesses located in or locating to, the city. NBEDC maintains a real estate database listing commercial property available for lease, sale or development; structures financial assistance and tax incentive packages; facilitates introductions to other Federal, State and local support agencies; and provides technical assistance for product development. Just 55 miles south of Boston and 35 miles east of Providence, New Bedford is within commuting distance to major metropolitan transportation hubs. The city offers service by ocean, air and rail. Its proximity to Interstate 195 and Route 140 makes the major cities of the Northeast easily accessible. The City of New Bedford and the New Bedford Economic Development Council take economic development seriously. Let our team assist you in expanding within or locating to New Bedford. For more information, contact Matthew Morrissey, New Bedford Economic Development Council, at 508.991.3122.
Fall River Office of Economic Development (FROED)
FROED helps businesses evaluate the many advantages of locating in Fall River, offering aggressive incentive programs including low-interest financing, tax exemptions, employee recruitment and training services, and site selection assistance. We also provide consultation and technical support in areas ranging from permitting to international trade assistance. These programs complement Fall River's low business costs and can be packaged with other private and public sector incentives. Whether your business is a startup venture or an existing firm, the FROED offers aggressive incentive programs such as low-interest financing, tax exemptions, employee recruitment and training services, and site selection assistance. Loan Programs: As a one-stop financing center, the Fall River Office of Economic Development (FROED) works closely with public-sector agencies and the banking and investment communities to identify available sources of capital. Our in-house loan programs, funded in part through a Community Development Block Grant, can be combined with private, state and federal funds. The result is a below-market financial package tailored exclusively for your business.
For more information, contact Ken Fiola, Fall River Office of Economic Development, at 508.324.2620.
If you have interest in the SouthCoast, contact Jennifer Menard:
Phone: 508.999.8412 or 888.883.9313
Email: jmenard@umassd.edu.